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retownes retownes
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Milk is stocked at the grocery store each week. At the end of the week unsold milk is reduced in price by 70% and always sells for this lower price instantly. If weekly demand for milk is normally distributed with a mean of 200 gallons and standard deviation of 25 gallons, find the price for which a fresh gallon of milk sells. Assume a service level of 95% and that the store purchases milk for $2 per gallon.
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Operations Management

Operations Management


Edition: 10th
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HplyEvrAftrHplyEvrAftr
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retownes Author
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This calls for a celebration Person Raising Both Hands in Celebration
novae
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Smart ... Thanks!
julymontalvo
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this is exactly what I needed
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